Episode 96: What is a Compliance Risk Assessment?

February 3, 2022

Compliance Services

Rob Mendoza and Roz Cordini join Mark to talk about the compliance risk assessment process. Now more than ever, these organizations must maintain an effective compliance program. The industry recognizes conducting a compliance risk assessment regularly as one of the key elements of an effective compliance program.

‍Episode Synopsis

‍A compliance risk assessment is a structured process for identifying, evaluating, and prioritizing legal and regulatory risks that could negatively impact the organization. It allows the organization to focus essential resources on the most significant risks and areas lacking adequate controls. There can certainly be a level of ambiguity when one hears the term compliance risk assessment. It can easily be confused with other reviews or examinations an organization conducts. Rob and Roz also share what is not considered a compliance risk assessment.‍

Click to listen to the episode.

‍Extras

‍How to Conduct a Compliance Risk Assessment (and Why You Should)

‍What is Compliance Program Effectiveness?

‍Episode 44: Compliance Program Effectiveness

Podcast Information

‍Follow our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review!We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes.

Please email us: feedback@cokergroup.com
Connect with us on LinkedIn: Coker Group Company Page
Follow us on Twitter: @cokergroup
Follow us on Instagram: @cokergroup
Follow us on Facebook: @cokerconsulting

‍

Contributors

Roz Cordini, JD, MSN, RN, CHC, CHPC

Senior Vice President, Regulatory Compliance & Audit Services

Share this post

Get Updates

Episode 96: What is a Compliance Risk Assessment?

‍Episode Synopsis

‍Extras

Podcast Information

Share this post

Related Podcasts

Episode 125: How to Lead IT Transformations in Community Health

Episode 124: How is artificial intelligence revolutionizing the healthcare sector?

Episode 123: Decoding Modifier 25: Navigating Documentation and Billing in Healthcare

Episode 122: Understanding Annual Wellness Visits for Healthcare Organizations

Episode 121: How Non-Provider Staffing Trends Affect Physician Enterprise Performance

Episode 115: How Does the Physician Compensation Roadmap Look

Episode 120: Using Generative AI to Streamline Patient Navigation and Communication with Converse Health

Episode 119: Navigating Patient Demand and Physician Shortages

Episode 118: How Provider Compensation Design Impacts Performance

Episode 117: How to Be Successful with Revenue Cycle Management

Episode 116: Introducing Physician Enterprise Performance Improvement (PEPI)

Episode 113: Clinical Co-Management Arrangements

Episode 114: An Abundance of Options: A Survey of Current Alignment Trends for Physician Enterprises

Episode 111: The Intersection of Provider Compensation and Value-Based Reimbursement

Episode 108: What is the Precision Experience for Medical Professionals?

Episode 110: How Upcoming Billing and Coding Changes Influence Healthcare Economics

Episode 109: Is Your Advanced Practice Provider Compensation Strategy Successful?

Episode 104: Determining the Value of Non-Competes and Restrictive Covenants in Healthcare

Episode 107: How will Split/Shared Visits Change Between APPs and Physicians?

Episode 106: Developing a Data-Driven Culture

Episode 105: Why do I need cyber liability insurance?

Episode 103: What is a Security Risk Analysis, and Why Do I Need One?

Episode 102: How do you Align Provider Compensation with Health System Goals?

Episode 101: What are Cash Balance Plans?

Episode 97: A Provider's Perspective on the No Surprises Act

Episode 100: How Could Artificial Intelligence Improve the Patient Experience?

Episode 99: How Have Hiring and HR Trends Influenced the Healthcare Industry?

Episode 98: 2022 Updates to the Medicare Physician Fee Schedule

Episode 96: What is a Compliance Risk Assessment?

Episode 94: How to Solve Accessibility Challenges in Rural Healthcare

Episode 93: What are Interim Management Services, and Do You Need Them?

Episode 95: Using Innovative SaaS Solutions to Reach High Need Populations with Cordata Health

Episode 92: A Day in the Life of a Board Chairman with Dr. Caesar Richburg

Episode 91: How to Make Provider Compensation Scalable

Episode 85: Non-Economic Considerations for Private Equity Transactions

Episode 90: Building a High-Performing Physician Enterprise

Episode 86: How to Use an MSO as a Strategy to Grow

Episode 89: Economic Considerations for Private Equity Transactions

Episode 87: Pandemics, Policy Changes, and Value-Based Care, Oh My

Episode 88: What is a Gainsharing Arrangement and How Do You Use Them Strategically?

Episode 84: Recovering from the Pandemic: Hospital Pain Points and Challenges

Episode 83: Updates to the Final Medicare Physician Fee Schedule Rule

Episode 74: Practicing in a Pandemic: Technological Innovation from the Ground Up with Modernizing Medicine

Episode 82: How the MPFS Final Rule Impacts Medical Practices (and What to Do about It)

Episode 81: How to Quantify Risk with the Distress Index

Episode 80: Top Five Healthcare Trends in 2021

Episode 76: Beyond EHR: Using Technology to Meet Growing Demands and Deliver Better Patient Care

Episode 79: Pandemic Exposes Vulnerabilities in Healthcare Organizations

Episode 78: Answering the Question, What Do Healthcare Consultants Really Do?

Episode 77: New Opportunities with Telehealth Leadership Positions

Episode 75: How to Succeed in the Business of Medicine

Episode 73: Affiliation Options for Physicians: Current and Future Strategies

Episode 72: Impact of 2021 Fee Schedule Changes on Physician Compensation

Episode 71: The Ongoing Battle of Site Neutral Payments

Episode 70: Major E/M Coding Changes Coming in 2021: Here's What You Need to Know

Episode 65: Vendor Spotlight: Innovative Responses to Financial Challenges during a Pandemic

Episode 67: New Opportunities with Remote HCIT Implementations

Episode 69: Leading in Crisis: Strategic Affiliations and Partnerships

Episode 68: Remote Patient Monitoring, Engagement, and Communications with PREMEDEX

Episode 66: Affiliation Options for Physicians and Hospitals Post-Pandemic

Episode 64: Impact of COVID-19 on ACOs, CINs, and Shared Savings

Episode 63: Is Virtual Care Here to Stay?

Episode 61: Key Issues and Guidance for Hospitals and Medical Groups during the COVID-19 Pandemic

Episode 62: Solving the Compensation Conundrum

Episode 60: Responsive Compensation Arrangements to Battle COVID-19

Episode 57: HCIT: Security Risk Assessment

Episode 59: Combating COVID-19 with Digital Transformation

Episode 58: Healthcare M&amp;A: Improving the Marriage Post-Transaction

Episode 56: Private Equity Deals: Operational Components of the Transaction

Episode 55: Private Equity Deals: Approaching a Deal Strategically

Episode 54: Live Recording: Healthcare 2020 Panel

Episode 53: Physician Compensation Methodologies under the Stark Law

Episode 52: FAQ: Business Valuation, Private Equity, and Telehealth

Episode 49: Vendor Spotlight: Improving Patient Outcomes through Chronic Care Management

Episode 58: Healthcare M&A: Improving the Marriage Post-Transaction